Ranking: Austria Among the Most Non-Transparent Financial Centers Worldwide

Politics ♦ Published: October 4, 2011; 14:11 ♦ (Vindobona)

Today, the Financial Secrecy Index (FSI) of the Tax Justice Network (TJN) has been published. 73 countries have been analyzed.

Ranking: Austria Among the Most Non-Transparent Financial Centers Worldwide / Picture: © Vindobona.org

Within the international financial system, Austria is among the most non-transparent financial centers. Austria is ranked on number 17 among 73 countries. The top position is occupied by Switzerland.

FSI lists financial centers according to their degree of secrecy, the tendency of tax evasion and the world market share of cross border financial services. The most important…